Spike in SMSF borrowing breachesBY MARK SMITH | FRIDAY, 23 JAN 2015 12:20PMThere has been a spike in the number of self-managed super fund (SMSF) breaches related to borrowing, research by Partners Wealth Group shows. Related News |
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Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.







"'my suspicion is that there has been confusion, resulting in some SMSF trustees thinking it was permissible to use their fund to borrow to overcome a short term liquidity problem - much like a small business seeking a temporary extension to a bank overdraft in difficult circumstances."
That sounds more like an in house asset or maybe financial assistance to a member problem than a LRBA issue